Purchase- 1 march , 100 units, $50 each

Purchase - 5 march , 400 units, $55 each

Purchase- 18 march , 120 units, $60each

Puchase- 25 march, 200 units, $62each

Sales- 9 march, 420 units, $85 each

Sales- 29 march, 160 units, $95 each

Rest of dates- no sales and purchase

Tableau DA 6-4: Mini-Case, Perpetual: Income effects of Weighted average and FIFO LO8 ATV Co. began operotions on March 1 and uses a perpetual inventory system. It entered into purchases and soles for Morch as shown in the Tableau Dashboard 1. The CEO has asked you to heip her decide whether to use weighted average a FiFO for inventory costung Compote she gross: profit earned by the compony for both weighted average and FFO 2. The CEO's bonus is calculated using net income before income taxes. If the CEO wishes to maximize her bonus, which of the following methods would you recommend? 3. Alternatively, the CEO desires the method that minimites income toxes pod by the company in the current yeor if income taves are bosed on a percentage of net income, which method would you reconmend to the CEO? Complete this question by entering vour answers in the tabs below. fifo The CEO has asked you to help her decide whether to use weighted average or FiFo for inventory costing. Compute the gross profit earned by the company for bot Perpetual Movino Weighted Average The CEO has asked you to help her decide whether to use weighted average or FIFO for inventory costing. Compute the grc profit earned by the company for both weighted average and Fifo. Complete this question by entering your answers in the tabs below. The CEO's bonus is calculated using net income before income taxes. If the CEO wishes to maximize her bonus, which of the followin methods would you recommend? If the CEO wishes to maximize her bonus, which of the following methods would you recommend? Complete this question by entering vour answers in the tabs below. Aternatively, the CEO deslres the mothod that minimizes income taxes paid by the compary in the cument year if incone taxes are based on a percentage of net income, which method would you recommend to the CEO